1% growth script

Discussion in 'Automated Trading' started by Rex32, May 3, 2006.

  1. Rex32


    This is my first post here, but after reading a lot I have a question for you experts.
    I was wondering how hard it would be to setup a program to take a list of symbols that you input, buy it at the opening, but only if it is less than the average. After it buys the stock, it would automate a sell at .005% gain or if there was a lot of volume, indicating a sale.
    Also put in a .005% stop for loss prevention.
    Would something like that work? Did what I say make sense?

  2. Commissions & slippage.
  3. Rex32


    With enough capital though couldn't it compound on itself and then you wouldn't have to worry about fees either.

  4. neophyte321

    neophyte321 Guest

    it sounds like you want to flip a coin, and pay each time to do so.
  5. Just try to do it first by hand to see if it really works before you go to write a program.